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Georgia Bankers Association Endorses Valuation Management Group

January 27, 2012

The Georgia Bankers Association (GBA), through its subsidiary, GBA Services Inc., announces the endorsement of Valuation Management Group (VMG), as its preferred vendor of appraisal management services.

Founded in 2006 by President and CEO Vicky Thompson, Valuation Management Group (VMG) is a Georgia-based nationwide commercial and residential appraisal management company that serves Community Banks, Mortgage Bankers and Investors.

VMG handles the entire appraisal process including approving the appraisers, managing the appraiser panel, handling the bid process for complex residential properties and commercial assignments, ordering environmental risk assessments, engaging the appraisers and performing a quality appraisal review.

“High-quality outside appraisal management services are a priority for many banks,” said Robert D. Heath, president and CEO of First American Bank and Trust Company in Athens and chairman of the board of GBA Services, Inc. “Valuation Management Group has one of the industry’s most experienced staffs. Its reviewers have an average of 17 years of actual appraisal experience, and the company is known for providing outstanding customer service. We’re excited to welcome Valuation Management Group to the lineup of Strategic Partners that support our state’s banks.”

“We are excited to be selected as a strategic partner with GBA,” said Vicky Thompson, president and CEO, Valuation Management Group. “Our goal is to assist Georgia Banks with appraiser independence compliance and robust reviews.”

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